ARK Invest Cathie Wood Acquires 11.5% Stake in Solana Infrastructure Firm Solmate SLMT

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ARK Invest Cathie Wood Acquires 11.5% Stake in Solana Infrastructure Firm Solmate SLMT

Investment firm ARK Invest, led by prominent investor Cathie Wood, has strategically acquired an 11.5% equity stake in Solmate Infrastructure (SLMT), a key treasury management firm operating within the Solana ecosystem. This significant investment from one of the most watched figures in finance signals strong institutional confidence in the growth and infrastructure of the Solana network. The move is seen as a major endorsement for Solana's DeFi and Web3 capabilities, highlighting the increasing institutional interest in blockchain infrastructure companies that support leading layer-1 protocols.
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